Latest Tether News and Insights | Yellow.com

Tether, the firm behind USDT stablecoin, is rolling in dough. They've just posted a whopping $5.2 billion profit for the first half of 2024. That's not all. Their U.S. Treasury reserve is now massive. The company dropped this bombshell on July 31. Tether's Treasury portfolio has ballooned to $97.6

Europol, the EU's law enforcement agency, claims that criminal cases involving Bitcoin are now on par with those involving altcoins. This sounds surprising, given the widespread belief that Bitcoin is utterly dominating the crypto market. Yet, it is time to say goodbye to the old prejudices. Altcoin

The stablecoin market cap has recently flipped positive. This could be bullish for Bitcoin. CryptoQuant's CEO, Ki Young Ju, highlighted this trend on X. The stablecoin market cap just hit a new all-time high. USDT's 30-day change had turned negative earlier. But it didn't stay down for long. The

Tether and Bitfinex are in hot water again. The stablecoin issuer and crypto exchange are targets of a fresh class action lawsuit. The suit alleges market manipulation and antitrust violations. The case was filed in New York. It's a slimmed-down version of an ongoing legal battle. The plaintiffs ar

Tether, the company behind the world's largest stablecoin, is upping its transparency game. They've just brought on Philip Gradwell as head of economics. Gradwell, previously the chief economist at Chainalysis, will be crunching numbers on USDT usage. His main job? Explaining USDT's role to regulat